First three quarters of 2022
Exports drive Hydro-Québec’s net income in the first three quarters
Hydro‑Québec posted net income of $3,604 million for the first three quarters of 2022, up $1,163 million compared to the same period in 2021.
This significant growth is mainly due to higher sales revenue both in and outside of Québec, which was partially offset by an increase in electricity purchases.